CVB Financial (CVBF) Financials

$20.63 +0.09 (+0.44%)

Closing price 04:00 PM Eastern

Extended Trading

$20.63 0.00 (0.00%)

As of 05:31 PM Eastern

Annual Income Statements for CVB Financial

This table shows CVB Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	107	109	104	152	208	168	229	383	208	196	172
Consolidated Net Income / (Loss)	99	101	104	152	208	177	213	235	221	201	209
Net Income / (Loss) Continuing Operations	99	101	104	152	208	177	213	235	221	201	209
Total Pre-Tax Income	151	162	189	211	291	250	298	328	315	271	282
Total Revenue	286	293	321	393	495	466	462	556	547	502	515
Net Interest Income / (Expense)	253	257	279	349	436	416	415	506	488	447	460
Total Interest Income	262	265	287	362	458	430	421	515	606	630	593
Loans and Leases Interest Income	186	193	214	293	398	377	357	389	448	456	446
Investment Securities Interest Income	75	70	72	67	58	51	61	119	140	136	129
Deposits and Money Market Investments Interest Income	-	1.91	0.93	1.64	2.27	1.68	2.57	6.71	18	39	18
Total Interest Expense	8.57	7.98	8.30	13	22	14	6.08	9.16	118	183	133
Deposits Interest Expense	5.27	5.96	6.04	9.83	17	13	5.35	6.83	52	105	101
Federal Funds Purchased and Securities Sold Interest Expense	2.87	1.48	1.58	2.07	3.96	1.13	0.55	2.33	67	77	30
Other Interest Expense	-	-	-	-	-	-	-	0.00	0.00	0.57	1.40
Total Non-Interest Income	33	36	42	43	59	50	47	50	59	54	55
Other Service Charges	22	4.28	6.20	6.59	43	11	7.01	7.55	12	8.72	15
Net Realized & Unrealized Capital Gains on Investments	0.73	1.08	3.44	3.55	11	2.07	1.37	2.72	0.00	-2.42	-8.67
Other Non-Interest Income	2.56	30	32	33	5.80	37	39	40	47	48	49
Provision for Credit Losses	-5.60	-6.40	-8.50	1.50	5.00	24	-26	11	2.00	-3.00	-3.50
Total Non-Interest Expense	141	137	141	180	199	193	190	217	230	234	237
Salaries and Employee Benefits	79	83	87	101	119	120	118	132	139	144	144
Net Occupancy & Equipment Expense	15	16	17	20	20	21	20	23	22	23	24
Marketing Expense	5.02	5.03	4.84	5.30	5.89	4.49	4.62	6.30	6.76	7.31	6.88
Other Operating Expenses	42	26	29	32	36	39	38	42	56	54	54
Amortization Expense	-	1.11	1.33	5.25	11	9.35	8.24	7.57	6.45	5.32	4.19
Restructuring Charge	0.48	1.90	2.25	16	6.45	0.00	0.96	6.01	0.00	0.00	1.56
Income Tax Expense	52	61	84	59	83	72	85	93	94	71	72
Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders)	-7.36	-7.78	-	-	-	9.54	-17	-147	13	4.87	38
Basic Earnings per Share	$0.93	$0.94	$0.95	$1.25	-	$1.30	$1.57	$1.67	$1.59	$1.44	$1.52
Weighted Average Basic Shares Outstanding	114.50M	116.20M	116.60M	139.97M	140.11M	135.87M	141.92M	139.51M	139.37M	139.62M	135.80M
Diluted Earnings per Share	$0.93	$0.94	$0.95	$1.24	$1.48	$1.30	$1.56	$1.67	$1.59	$1.44	$1.52
Weighted Average Diluted Shares Outstanding	114.50M	116.20M	116.60M	139.97M	140.11M	135.87M	141.92M	139.51M	139.37M	139.62M	135.80M
Weighted Average Basic & Diluted Shares Outstanding	114.50M	116.20M	116.60M	139.97M	140.11M	135.87M	141.92M	139.51M	139.37M	139.62M	135.80M
Cash Dividends to Common per Share	$0.48	$0.48	$0.54	$0.56	$0.72	$0.72	$0.72	$0.77	$0.80	$0.80	$0.80

This table shows CVB Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	60	96	5.01	54	49	26	66	37	44	44	47
Consolidated Net Income / (Loss)	56	58	49	49	50	51	51	51	51	53	55
Net Income / (Loss) Continuing Operations	56	58	49	49	50	51	51	51	51	53	55
Total Pre-Tax Income	78	81	75	67	69	68	68	70	69	69	74
Total Revenue	132	138	139	127	125	126	124	127	126	129	134
Net Interest Income / (Expense)	120	123	119	112	111	114	110	110	112	116	123
Total Interest Income	149	156	158	158	159	166	148	143	144	150	156
Loans and Leases Interest Income	111	113	116	116	114	115	110	109	109	111	117
Investment Securities Interest Income	34	37	36	35	35	34	31	32	32	32	33
Deposits and Money Market Investments Interest Income	4.67	6.42	6.28	6.07	9.83	17	5.88	1.80	3.77	7.23	5.31
Total Interest Expense	30	33	39	45	48	52	37	33	33	35	33
Deposits Interest Expense	11	17	19	21	26	30	28	25	25	26	25
Federal Funds Purchased and Securities Sold Interest Expense	19	16	20	24	22	22	8.29	6.80	7.40	8.11	8.01
Other Interest Expense	-	-	-	0.00	0.00	0.00	-	0.44	0.37	0.33	0.27
Total Non-Interest Income	13	14	19	14	14	13	13	16	15	13	11
Other Service Charges	1.92	4.10	2.78	1.88	2.57	2.77	1.51	2.27	2.19	8.51	2.21
Net Realized & Unrealized Capital Gains on Investments	-	0.00	-	0.00	0.00	-2.48	-	2.18	0.00	-8.19	-2.67
Other Non-Interest Income	11	1.55	25	12	12	13	21	12	13	13	12
Provision for Credit Losses	0.50	2.00	-2.00	0.00	0.00	0.00	-3.00	-2.00	0.00	1.00	-2.50
Total Non-Interest Expense	54	55	66	60	56	59	58	59	58	59	62
Salaries and Employee Benefits	34	35	36	36	35	37	36	36	35	36	37
Net Occupancy & Equipment Expense	5.52	5.62	5.52	5.57	5.77	6.20	5.87	6.00	6.11	5.82	5.89
Marketing Expense	1.32	1.63	2.09	1.63	1.96	1.96	1.76	1.99	1.82	1.74	1.34
Other Operating Expenses	12	12	22	15	12	13	13	13	13	14	14
Amortization Expense	1.72	1.57	1.45	1.44	1.44	1.29	1.16	1.16	1.16	1.00	0.88
Income Tax Expense	22	23	26	18	19	16	17	18	18	16	19
Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders)	-4.59	-38	43	-5.36	0.56	25	-16	15	6.48	8.40	8.22
Basic Earnings per Share	$0.40	$0.42	$0.35	$0.35	$0.36	$0.37	$0.36	$0.37	$0.37	$0.38	$0.40
Weighted Average Basic Shares Outstanding	139.34M	139.34M	139.37M	139.64M	139.68M	139.68M	139.62M	137.80M	137.82M	136.81M	135.80M
Diluted Earnings per Share	$0.40	$0.42	$0.35	$0.35	$0.36	$0.37	$0.36	$0.36	$0.37	$0.38	$0.41
Weighted Average Diluted Shares Outstanding	139.34M	139.34M	139.37M	139.64M	139.68M	139.68M	139.62M	137.80M	137.82M	136.81M	135.80M
Weighted Average Basic & Diluted Shares Outstanding	139.34M	139.34M	139.37M	139.64M	139.68M	139.68M	139.62M	137.80M	137.82M	136.81M	135.80M
Cash Dividends to Common per Share	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20	$0.20

This table details how cash moves in and out of CVB Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	11	0.33	16	23	-424	1,773	-226	-1,619	89	-77	172
Net Cash From Operating Activities	135	100	125	138	208	185	195	274	296	250	221
Net Cash From Continuing Operating Activities	88	106	73	138	225	84	167	183	307	255	233
Net Income / (Loss) Continuing Operations	104	99	101	104	208	177	213	235	221	201	209
Consolidated Net Income / (Loss)	104	99	101	104	208	177	213	235	221	201	209
Provision For Loan Losses	-1.19	-4.94	-6.06	-8.90	5.00	24	-1.00	11	1.50	-4.25	-1.50
Depreciation Expense	0.83	-1.47	5.32	2.66	22	-1.16	-6.43	14	18	15	15
Amortization Expense	21	20	-21	18	-10	-15	-32	-27	-18	-17	-16
Non-Cash Adjustments to Reconcile Net Income	-29	36	53	-12	3.19	-90	-5.91	-45	40	36	43
Changes in Operating Assets and Liabilities, net	-7.64	-1.88	-8.19	35	-2.55	-11	0.37	-4.44	44	24	-18
Net Cash From Investing Activities	-269	-301	-154	140	325	-1,269	-1,730	-1,177	536	853	-210
Net Cash From Continuing Investing Activities	-269	-301	-154	140	-137	-1,269	-1,730	-1,177	536	853	-210
Purchase of Property, Leasehold Improvements and Equipment	-1.89	-1.87	-13	-4.89	-5.52	-4.67	-4.68	-5.36	-4.52	-5.14	-4.07
Purchase of Investment Securities	-822	-884	-1,020	-363	-788	-2,031	-2,690	-1,879	19	-102	-634
Sale of Property, Leasehold Improvements and Equipment	0.66	0.93	0.00	-	-	2.13	1.16	-	-	0.00	0.00
Sale and/or Maturity of Investments	501	590	839	587	646	805	946	681	521	952	441
Other Investing Activities, net	54	-5.57	47	-82	10	-41	18	26	1.34	7.74	-13
Net Cash From Financing Activities	192	195	45	-256	-512	2,856	1,310	-626	-754	-1,179	161
Net Cash From Continuing Financing Activities	192	195	45	-256	-512	2,856	1,335	-626	-754	-1,179	161
Net Change in Deposits	336	313	178	-98	-123	3,032	1,240	-1,323	-1,403	515	124
Repayment of Debt	-23	-200	-5.00	-53	-280	0.00	-	993	1,075	-	0.00
Repurchase of Common Equity	-5.47	-0.83	-1.91	-1.13	-2.64	-93	-8.34	-116	-21	-2.82	-81
Payment of Dividends	-42	-49	-52	-57	-95	-98	-98	-104	-112	-112	-111
Other Financing Activities, Net	-73	133	-81	2.68	-11	11	204	-75	-294	-9.19	229
Cash Interest Paid	-16	-9.47	7.99	-8.29	21	14	6.01	8.58	96	200	133
Cash Income Taxes Paid	-59	-59	-	-70	69	-	70	-	70	54	33

This table details how cash moves in and out of CVB Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	391	-378	-18	668	-105	-391	-237	324	210	45	-408
Net Cash From Operating Activities	92	85	49	77	26	71	75	42	53	82	45
Net Cash From Continuing Operating Activities	91	85	-9.73	83	3.01	152	25	49	45	90	48
Net Income / (Loss) Continuing Operations	56	58	49	49	50	51	51	51	51	53	55
Consolidated Net Income / (Loss)	56	58	49	49	50	51	51	51	51	53	55
Provision For Loan Losses	0.90	1.10	-2.50	0.00	-0.50	-0.75	-3.00	-0.50	-2.00	2.50	-1.50
Depreciation Expense	3.89	5.65	4.18	3.09	0.86	6.95	4.47	4.82	3.86	3.66	2.44
Amortization Expense	4.74	4.43	-32	4.14	4.23	4.28	-29	3.88	3.96	4.01	-27
Non-Cash Adjustments to Reconcile Net Income	-1.90	0.05	-29	3.40	-24	81	-16	3.20	-7.26	15	33
Changes in Operating Assets and Liabilities, net	27	16	0.77	24	-27	8.98	19	-13	-3.74	13	-14
Net Cash From Investing Activities	149	162	-7.23	231	203	458	-39	273	84	-189	-378
Net Cash From Continuing Investing Activities	127	162	-7.22	231	203	451	-32	273	84	-189	-378
Purchase of Property, Leasehold Improvements and Equipment	-2.01	-0.53	-1.64	-0.17	-1.78	-1.21	-1.98	-0.68	-0.85	-0.84	-1.70
Purchase of Investment Securities	-144	175	-151	119	-167	337	-391	170	-224	-244	-336
Sale and/or Maturity of Investments	291	-39	150	116	366	132	293	107	316	58	-40
Other Investing Activities, net	-19	26	-4.11	-4.42	5.29	-17	68	-2.97	-7.55	-2.16	0.10
Net Cash From Financing Activities	150	-625	-0.87	360	-334	-920	-284	9.44	72	153	-74
Net Cash From Continuing Financing Activities	150	-625	-0.87	360	-334	-920	-284	9.44	72	153	-74
Net Change in Deposits	126	-39	-925	461	-105	282	-124	42	-5.10	139	-52
Repurchase of Common Equity	-0.02	-0.14	-0.03	-2.57	-0.02	-0.03	-0.19	-19	-23	-6.13	-34
Payment of Dividends	-28	-28	-28	-28	-28	-28	-28	-28	-28	-28	-28
Other Financing Activities, Net	-38	-183	2.18	4.12	-6.89	126	-132	15	128	47	39
Cash Interest Paid	24	24	30	23	59	80	38	33	32	34	33

This table presents CVB Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	7,671	8,074	8,271	11,529	11,282	14,419	15,884	16,477	16,021	15,154	15,631
Cash and Due from Banks	106	122	144	164	186	1,958	1,733	203	281	205	376
Interest Bearing Deposits at Other Banks	33	48	18	7.67	2.93	44	26	9.55	8.22	0.48	13
Trading Account Securities	3,220	3,182	2,911	2,479	2,415	2,978	5,110	5,810	5,421	4,922	4,953
Loans and Leases, Net of Allowance	3,958	4,334	4,771	7,701	7,496	8,255	7,823	8,994	8,818	8,456	8,622
Loans and Leases	4,017	4,395	4,831	7,765	7,565	8,349	7,888	9,079	8,905	8,536	8,699
Allowance for Loan and Lease Losses	59	62	60	64	69	94	65	85	87	80	77
Premises and Equipment, Net	31	42	46	58	54	51	49	47	45	28	27
Goodwill	74	90	117	667	664	664	664	766	766	766	766
Intangible Assets	2.27	5.01	6.84	54	43	34	25	22	15	9.97	5.77
Other Assets	247	252	257	399	423	436	454	625	667	767	868
Total Liabilities & Shareholders' Equity	7,671	8,074	8,271	11,529	11,282	14,419	15,884	16,477	16,021	15,154	15,631
Total Liabilities	6,748	7,083	7,201	9,678	9,288	12,411	13,802	14,528	13,943	12,967	13,336
Non-Interest Bearing Deposits	3,250	3,674	3,846	5,205	5,246	7,455	8,104	8,164	7,206	7,037	6,801
Interest Bearing Deposits	2,667	2,636	2,700	3,623	3,459	4,281	4,872	4,672	4,227	4,911	5,271
Short-Term Debt	737	656	554	722	429	444	642	565	272	262	491
Accrued Interest Payable	-	-	-	-	-	-	-	0.43	23	5.05	4.77
Long-Term Debt	26	26	26	26	26	26	2.28	995	2,070	500	500
Other Long-Term Liabilities	66	68	75	102	129	205	181	131	144	252	268
Commitments & Contingencies	0.00	0.00	0.00	-	-	-	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	923	991	1,069	1,851	1,994	2,008	2,082	1,949	2,078	2,186	2,295
Total Preferred & Common Equity	923	991	1,069	1,851	1,994	2,008	2,082	1,949	2,078	2,186	2,295
Total Common Equity	923	991	1,069	1,851	1,994	2,008	2,082	1,949	2,078	2,186	2,295
Common Stock	503	531	573	1,294	1,299	1,212	1,210	1,300	1,289	1,297	1,222
Retained Earnings	400	449	494	576	683	761	876	1,003	1,113	1,201	1,301
Accumulated Other Comprehensive Income / (Loss)	21	10	1.45	-18	13	35	-3.97	-355	-324	-312	-228

This table presents CVB Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	16,349	16,274	16,485	15,903	16,468	16,151	15,403	15,257	15,414	15,666
Cash and Due from Banks	319	228	618	241	950	844	453	529	739	784
Interest Bearing Deposits at Other Banks	7.59	12	30	4.11	13	7.35	24	3.45	11	13
Trading Account Securities	5,880	5,741	5,581	5,363	5,292	5,176	4,871	4,894	4,814	4,877
Loans and Leases, Net of Allowance	8,692	8,856	8,820	8,789	8,688	8,599	8,490	8,285	8,280	8,392
Loans and Leases	8,774	8,942	8,907	8,878	8,771	8,682	8,573	8,364	8,359	8,471
Allowance for Loan and Lease Losses	83	87	87	89	83	83	83	78	78	79
Premises and Equipment, Net	47	45	46	45	43	43	36	27	27	27
Goodwill	766	766	766	766	766	766	766	766	766	766
Intangible Assets	23	20	18	17	14	12	11	8.81	7.66	6.65
Other Assets	615	607	605	680	703	704	752	743	770	801
Total Liabilities & Shareholders' Equity	16,349	16,274	16,485	15,903	16,468	16,151	15,403	15,257	15,414	15,666
Total Liabilities	14,470	14,284	14,483	13,952	14,381	14,039	13,205	13,028	13,174	13,384
Non-Interest Bearing Deposits	8,765	7,844	7,879	7,587	7,113	7,090	7,137	7,184	7,247	7,245
Interest Bearing Deposits	5,108	4,428	4,519	4,772	4,782	4,700	4,936	4,806	4,738	4,879
Short-Term Debt	468	490	452	270	276	269	395	276	404	451
Accrued Interest Payable	-	-	-	-	45	34	6.68	4.36	4.58	4.64
Long-Term Debt	0.00	1,405	1,495	1,120	1,995	1,800	500	500	500	500
Other Long-Term Liabilities	130	117	138	203	170	146	232	258	280	304
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,879	1,990	2,001	1,951	2,087	2,112	2,198	2,228	2,240	2,282
Total Preferred & Common Equity	1,879	1,990	2,001	1,951	2,087	2,112	2,198	2,228	2,240	2,282
Total Common Equity	1,879	1,990	2,001	1,951	2,087	2,112	2,198	2,228	2,240	2,282
Common Stock	1,298	1,282	1,284	1,286	1,289	1,291	1,294	1,281	1,261	1,257
Retained Earnings	965	1,034	1,062	1,092	1,133	1,155	1,179	1,225	1,248	1,273
Accumulated Other Comprehensive Income / (Loss)	-383	-326	-345	-427	-335	-334	-275	-277	-268	-248

This table displays calculated financial ratios and metrics derived from CVB Financial's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	136,809,068.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	136,809,068.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.53
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.95%	2.17%	9.71%	22.26%	26.06%	-5.84%	-0.86%	20.26%	-1.47%	-8.31%	2.72%
EBITDA Growth	-8.24%	-13.47%	42.88%	-1.69%	47.04%	-22.95%	11.00%	21.80%	0.04%	-14.51%	4.13%
EBIT Growth	-7.02%	7.21%	16.33%	11.82%	37.87%	-14.28%	19.29%	10.31%	-3.93%	-14.01%	3.85%
NOPAT Growth	-4.69%	2.30%	2.94%	45.58%	36.73%	-14.76%	19.96%	10.78%	-5.94%	-9.36%	4.28%
Net Income Growth	-4.69%	2.30%	2.94%	45.58%	36.73%	-14.76%	19.96%	10.78%	-5.94%	-9.36%	4.28%
EPS Growth	-5.10%	1.08%	1.06%	30.53%	19.35%	-12.16%	20.00%	7.05%	-4.79%	-9.43%	5.56%
Operating Cash Flow Growth	-25.88%	24.29%	11.14%	19.18%	26.21%	-11.09%	5.48%	40.20%	8.00%	-15.51%	-11.35%
Free Cash Flow Firm Growth	26.07%	-9.20%	11.88%	-722.48%	144.90%	-58.85%	-124.05%	-1,442.66%	-25.92%	342.61%	-107.67%
Invested Capital Growth	-1.58%	-0.78%	-1.43%	57.64%	-5.80%	1.21%	10.01%	28.71%	25.95%	-33.29%	11.45%
Revenue Q/Q Growth	0.33%	0.65%	-1.53%	17.68%	-1.62%	0.53%	-1.57%	7.87%	-2.97%	-2.90%	2.04%
EBITDA Q/Q Growth	-0.48%	-19.59%	19.19%	0.58%	4.75%	-5.06%	-11.38%	15.44%	-2.27%	-1.42%	2.32%
EBIT Q/Q Growth	0.93%	1.35%	-4.08%	15.73%	2.32%	1.33%	-2.32%	10.64%	-7.01%	-2.36%	2.30%
NOPAT Q/Q Growth	3.15%	-1.49%	-8.12%	19.98%	4.07%	-0.69%	-1.10%	8.51%	-7.39%	1.18%	2.04%
Net Income Q/Q Growth	3.15%	-1.49%	-8.12%	19.98%	4.07%	-0.69%	-1.10%	8.51%	-7.39%	1.18%	2.04%
EPS Q/Q Growth	3.33%	-1.05%	-9.52%	12.73%	4.23%	0.78%	-1.89%	9.15%	-7.56%	0.70%	3.40%
Operating Cash Flow Q/Q Growth	-37.11%	61.23%	-15.31%	10.93%	6.32%	-6.89%	6.31%	4.67%	-6.99%	11.65%	-11.89%
Free Cash Flow Firm Q/Q Growth	-11.51%	118.06%	27.76%	-51.55%	426.42%	78.46%	-375.17%	-192.19%	8.73%	274.10%	-300.09%
Invested Capital Q/Q Growth	8.30%	4.08%	1.76%	14.31%	1.79%	-0.92%	0.10%	49.53%	32.29%	-4.66%	1.62%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	59.15%	50.10%	65.25%	52.46%	61.20%	50.08%	56.07%	56.79%	57.65%	53.76%	54.50%
EBIT Margin	52.85%	55.46%	58.81%	53.78%	58.82%	53.55%	64.44%	59.11%	57.63%	54.05%	54.65%
Profit (Net Income) Margin	34.61%	34.66%	32.52%	38.72%	42.00%	38.02%	46.01%	42.38%	40.46%	40.00%	40.60%
Tax Burden Percent	65.50%	62.50%	55.30%	72.00%	71.40%	71.00%	71.40%	71.70%	70.20%	74.00%	74.30%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	34.50%	37.50%	44.70%	28.00%	28.60%	29.00%	28.60%	28.30%	29.80%	26.00%	25.70%
Return on Invested Capital (ROIC)	5.83%	6.04%	6.29%	7.16%	8.23%	7.19%	8.17%	7.55%	5.59%	5.45%	6.71%
ROIC Less NNEP Spread (ROIC-NNEP)	5.83%	6.04%	6.29%	7.16%	8.23%	7.19%	8.17%	7.55%	5.59%	5.45%	6.71%
Return on Net Nonoperating Assets (RNNOA)	5.17%	4.56%	3.85%	3.25%	2.58%	1.66%	2.23%	4.13%	5.41%	3.97%	2.63%
Return on Equity (ROE)	11.01%	10.60%	10.14%	10.41%	10.81%	8.85%	10.39%	11.68%	11.00%	9.41%	9.34%
Cash Return on Invested Capital (CROIC)	7.43%	6.83%	7.72%	-37.59%	14.20%	5.99%	-1.36%	-17.56%	-17.39%	45.39%	-4.12%
Operating Return on Assets (OROA)	2.01%	2.06%	2.31%	2.13%	2.55%	1.94%	1.96%	2.03%	1.94%	1.74%	1.83%
Return on Assets (ROA)	1.32%	1.29%	1.28%	1.54%	1.82%	1.38%	1.40%	1.46%	1.36%	1.29%	1.36%
Return on Common Equity (ROCE)	11.01%	10.60%	10.14%	10.41%	10.81%	8.85%	10.39%	11.68%	11.00%	9.41%	9.34%
Return on Equity Simple (ROE_SIMPLE)	10.74%	10.24%	9.76%	8.21%	10.42%	8.82%	10.21%	12.08%	10.66%	9.18%	9.12%
Net Operating Profit after Tax (NOPAT)	99	101	104	152	208	177	213	235	221	201	209
NOPAT Margin	34.61%	34.66%	32.52%	38.72%	42.00%	38.02%	46.01%	42.38%	40.46%	40.00%	40.60%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	34.40%	35.30%	33.85%	32.11%	29.47%	31.09%	30.79%	28.92%	30.71%	34.91%	33.98%
Operating Expenses to Revenue	49.11%	46.73%	43.84%	45.83%	40.16%	41.40%	41.09%	38.98%	42.00%	46.55%	46.03%
Earnings before Interest and Taxes (EBIT)	151	162	189	211	291	250	298	328	315	271	282
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	169	147	209	206	303	233	259	315	316	270	281
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.42	1.86	1.85	1.20	1.22	1.11	1.22	1.68	1.28	1.37	1.11
Price to Tangible Book Value (P/TBV)	1.55	2.06	2.09	1.96	1.89	1.70	1.82	2.83	2.06	2.12	1.67
Price to Revenue (P/Rev)	4.58	6.30	6.15	5.64	4.92	4.79	5.49	5.90	4.87	5.96	4.94
Price to Earnings (P/E)	12.30	16.89	18.91	14.57	11.72	13.32	11.07	8.57	12.79	15.27	14.83
Dividend Yield	3.90%	2.81%	2.90%	3.55%	3.91%	4.37%	3.85%	3.28%	4.18%	3.74%	4.30%
Earnings Yield	8.13%	5.92%	5.29%	6.87%	8.53%	7.51%	9.03%	11.67%	7.82%	6.55%	6.74%
Enterprise Value to Invested Capital (EV/IC)	1.15	1.41	1.45	1.07	1.10	0.28	0.52	1.32	1.07	1.20	0.96
Enterprise Value to Revenue (EV/Rev)	6.75	8.05	7.45	7.11	5.46	1.50	3.08	8.33	8.62	7.07	6.10
Enterprise Value to EBITDA (EV/EBITDA)	11.42	16.07	11.42	13.55	8.92	3.00	5.49	14.67	14.95	13.15	11.20
Enterprise Value to EBIT (EV/EBIT)	12.78	14.52	12.67	13.22	9.28	2.81	4.78	14.09	14.95	13.08	11.17
Enterprise Value to NOPAT (EV/NOPAT)	19.51	23.23	22.91	18.36	13.00	3.95	6.69	19.65	21.30	17.67	15.03
Enterprise Value to Operating Cash Flow (EV/OCF)	19.30	18.92	17.28	16.92	12.98	3.78	7.28	16.90	15.96	14.20	14.21
Enterprise Value to Free Cash Flow (EV/FCFF)	15.32	20.56	18.65	0.00	7.54	4.75	0.00	0.00	0.00	2.12	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.83	0.69	0.54	0.40	0.23	0.23	0.31	0.80	1.13	0.35	0.43
Long-Term Debt to Equity	0.03	0.03	0.02	0.01	0.01	0.01	0.00	0.51	1.00	0.23	0.22
Financial Leverage	0.89	0.75	0.61	0.45	0.31	0.23	0.27	0.55	0.97	0.73	0.39
Leverage Ratio	8.35	8.23	7.93	6.78	5.93	6.42	7.41	8.03	8.07	7.31	6.87
Compound Leverage Factor	8.35	8.23	7.93	6.78	5.93	6.42	7.41	8.03	8.07	7.31	6.87
Debt to Total Capital	45.23%	40.76%	35.15%	28.78%	18.56%	18.97%	23.65%	44.47%	52.98%	25.84%	30.15%
Short-Term Debt to Total Capital	43.70%	39.22%	33.59%	27.79%	17.51%	17.93%	23.56%	16.11%	6.15%	8.88%	14.93%
Long-Term Debt to Total Capital	1.53%	1.54%	1.56%	0.99%	1.05%	1.04%	0.08%	28.36%	46.84%	16.96%	15.22%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	54.77%	59.24%	64.85%	71.22%	81.44%	81.03%	76.35%	55.53%	47.02%	74.16%	69.85%
Debt to EBITDA	4.50	4.65	2.77	3.63	1.50	2.02	2.49	4.95	7.42	2.82	3.53
Net Debt to EBITDA	3.68	3.49	1.99	2.80	0.88	-6.56	-4.30	4.27	6.50	2.06	2.14
Long-Term Debt to EBITDA	0.15	0.18	0.12	0.13	0.09	0.11	0.01	3.15	6.56	1.85	1.78
Debt to NOPAT	7.69	6.72	5.55	4.92	2.19	2.65	3.03	6.63	10.57	3.80	4.73
Net Debt to NOPAT	6.29	5.05	4.00	3.79	1.28	-8.65	-5.24	5.72	9.27	2.77	2.87
Long-Term Debt to NOPAT	0.26	0.25	0.25	0.17	0.12	0.15	0.01	4.23	9.35	2.49	2.39
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	126	115	128	-798	359	148	-35	-547	-689	1,672	-128
Operating Cash Flow to CapEx	10,625.13%	987.17%	2,828.71%	0.00%	3,770.05%	7,284.38%	5,546.65%	5,107.87%	6,539.08%	4,863.97%	5,444.09%
Free Cash Flow to Firm to Interest Expense	14.73	14.37	15.46	-62.30	16.24	10.33	-5.84	-59.79	-5.82	9.15	-0.96
Operating Cash Flow to Interest Expense	11.69	15.61	16.68	12.87	9.43	12.96	32.11	29.90	2.50	1.37	1.66
Operating Cash Flow Less CapEx to Interest Expense	11.58	14.03	16.09	13.20	9.18	12.78	31.53	29.31	2.46	1.34	1.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	8.82	7.97	7.28	7.52	8.82	8.86	9.22	11.60	11.98	13.89	19.07
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,686	1,673	1,649	2,599	2,449	2,478	2,726	3,509	4,420	2,948	3,286
Invested Capital Turnover	0.17	0.17	0.19	0.18	0.20	0.19	0.18	0.18	0.14	0.14	0.17
Increase / (Decrease) in Invested Capital	-27	-13	-24	950	-151	30	248	783	911	-1,471	338
Enterprise Value (EV)	1,934	2,357	2,392	2,790	2,702	701	1,422	4,627	4,717	3,547	3,146
Market Capitalization	1,311	1,844	1,975	2,214	2,436	2,232	2,535	3,280	2,665	2,990	2,545
Book Value per Share	$8.68	$9.16	$9.71	$13.19	$14.23	$14.82	$15.36	$13.94	$14.91	$15.65	$16.78
Tangible Book Value per Share	$7.96	$8.29	$8.59	$8.06	$9.19	$9.67	$10.27	$8.30	$9.31	$10.10	$11.14
Total Capital	1,686	1,673	1,649	2,599	2,449	2,478	2,726	3,509	4,420	2,948	3,286
Total Debt	762	682	580	748	454	470	645	1,560	2,342	762	991
Total Long-Term Debt	26	26	26	26	26	26	2.28	995	2,070	500	500
Net Debt	624	512	417	576	266	-1,532	-1,114	1,347	2,052	557	601
Capital Expenditures (CapEx)	0.94	13	4.89	-4.19	5.52	2.54	3.52	5.36	4.52	5.14	4.07
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	762	682	580	748	454	470	645	1,560	2,342	762	991
Total Depreciation and Amortization (D&A)	18	-16	21	-5.18	12	-16	-39	-13	0.12	-1.46	-0.78
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$1.25	$1.48	$0.00	$0.00	$1.67	$1.59	$1.44	$1.52
Adjusted Weighted Average Basic Shares Outstanding	106.37M	108.42M	110.16M	139.97M	140.11M	135.87M	141.92M	139.51M	139.37M	139.62M	135.80M
Adjusted Diluted Earnings per Share	$0.93	$0.94	$0.95	$1.24	$1.48	$1.30	$1.56	$1.67	$1.59	$1.44	$1.52
Adjusted Weighted Average Diluted Shares Outstanding	106.37M	108.42M	110.16M	139.97M	140.11M	135.87M	141.92M	139.51M	139.37M	139.62M	135.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.48	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	106.37M	108.42M	110.16M	139.97M	140.11M	135.87M	141.92M	139.51M	139.37M	139.62M	135.80M
Normalized Net Operating Profit after Tax (NOPAT)	99	104	106	164	212	177	213	240	221	201	210
Normalized NOPAT Margin	34.72%	35.61%	32.91%	41.73%	42.93%	38.02%	46.16%	43.16%	40.46%	40.00%	40.83%
Pre Tax Income Margin	52.85%	55.46%	58.81%	53.78%	58.82%	53.55%	64.44%	59.11%	57.63%	54.05%	54.65%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	17.66	20.35	22.76	16.47	13.18	17.47	48.96	35.87	2.67	1.48	2.12
NOPAT to Interest Expense	11.57	12.72	12.59	11.86	9.41	12.40	34.95	25.72	1.87	1.10	1.57
EBIT Less CapEx to Interest Expense	17.55	18.77	22.17	16.80	12.93	17.29	48.38	35.28	2.63	1.46	2.09
NOPAT Less CapEx to Interest Expense	11.46	11.14	12.00	12.19	9.16	12.22	34.38	25.13	1.83	1.07	1.54
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	49.28%	50.90%	54.64%	-43.40%	45.88%	55.59%	45.99%	44.36%	50.44%	55.72%	53.03%
Augmented Payout Ratio	50.12%	52.78%	55.72%	-48.50%	47.15%	107.95%	49.91%	93.77%	60.02%	57.12%	91.79%

This table displays calculated financial ratios and metrics derived from CVB Financial's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	136,809,068.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	136,809,068.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.40
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.77%	-5.00%	-10.80%	-8.89%	-5.23%	-8.15%	-10.83%	0.08%	0.86%	1.68%	8.36%
EBITDA Growth	-1.21%	-9.31%	-13.52%	-19.20%	-14.41%	-13.08%	-8.29%	5.66%	3.71%	-2.74%	14.79%
EBIT Growth	1.26%	-10.32%	-24.18%	-19.07%	-11.46%	-16.13%	-8.78%	4.08%	0.03%	2.05%	9.29%
NOPAT Growth	-5.57%	-10.45%	-26.69%	-18.00%	-10.28%	-11.51%	4.84%	5.15%	1.06%	2.66%	8.23%
Net Income Growth	-5.57%	-10.45%	-26.69%	-18.00%	-10.28%	-11.51%	4.84%	5.15%	1.06%	2.66%	8.23%
EPS Growth	-4.76%	-8.70%	-27.08%	-16.67%	-10.00%	-11.90%	2.86%	2.86%	2.78%	2.70%	13.89%
Operating Cash Flow Growth	72.65%	13.95%	-31.32%	10.49%	-71.58%	-15.86%	53.55%	-45.95%	103.12%	14.21%	-39.96%
Free Cash Flow Firm Growth	-779.18%	-312.12%	-20.31%	63.19%	87.04%	132.02%	276.57%	431.19%	695.88%	-129.48%	-118.56%
Invested Capital Growth	58.90%	42.37%	25.95%	12.16%	5.89%	-7.44%	-33.29%	-31.05%	-24.80%	4.56%	11.45%
Revenue Q/Q Growth	-4.85%	4.15%	0.61%	-8.62%	-1.03%	0.94%	-2.32%	2.55%	-0.25%	1.77%	4.10%
EBITDA Q/Q Growth	-5.82%	5.10%	-48.27%	57.80%	-0.23%	6.73%	-45.42%	81.80%	-2.07%	0.09%	-35.59%
EBIT Q/Q Growth	-5.91%	3.80%	-7.48%	-10.44%	2.95%	-1.68%	0.63%	2.19%	-1.06%	0.31%	7.76%
NOPAT Q/Q Growth	-5.91%	3.80%	-16.20%	0.19%	2.95%	2.38%	-0.71%	0.48%	-1.06%	4.00%	4.67%
Net Income Q/Q Growth	-5.91%	3.80%	-16.20%	0.19%	2.95%	2.38%	-0.71%	0.48%	-1.06%	4.00%	4.67%
EPS Q/Q Growth	-4.76%	5.00%	-16.67%	0.00%	2.86%	2.78%	-2.70%	0.00%	2.78%	2.70%	7.89%
Operating Cash Flow Q/Q Growth	31.18%	-7.76%	-42.63%	59.15%	-66.25%	173.06%	4.70%	-43.98%	26.82%	53.54%	-44.96%
Free Cash Flow Firm Q/Q Growth	-22.24%	33.50%	7.92%	50.83%	56.96%	264.31%	407.71%	-7.76%	-22.56%	-108.13%	-219.68%
Invested Capital Q/Q Growth	1.64%	-15.39%	32.29%	-1.40%	-4.05%	-26.04%	-4.66%	1.91%	4.66%	2.83%	1.62%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	65.29%	65.88%	33.87%	58.49%	58.97%	62.35%	34.83%	61.76%	60.63%	59.64%	36.90%
EBIT Margin	58.76%	58.56%	53.85%	52.78%	54.90%	53.47%	55.08%	54.89%	54.45%	53.67%	55.56%
Profit (Net Income) Margin	42.19%	42.04%	35.02%	38.40%	39.94%	40.51%	41.17%	40.34%	40.02%	40.90%	41.12%
Tax Burden Percent	71.80%	71.80%	65.03%	72.75%	72.75%	75.76%	74.75%	73.50%	73.50%	76.20%	74.02%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	28.20%	28.20%	34.97%	27.25%	27.25%	24.25%	25.25%	26.50%	26.50%	23.80%	25.98%
Return on Invested Capital (ROIC)	7.49%	8.34%	4.83%	4.98%	5.19%	6.51%	5.61%	5.50%	5.50%	6.53%	6.80%
ROIC Less NNEP Spread (ROIC-NNEP)	7.49%	8.34%	4.83%	4.98%	5.19%	6.51%	5.61%	5.50%	5.50%	6.53%	6.80%
Return on Net Nonoperating Assets (RNNOA)	4.61%	4.04%	4.69%	5.09%	5.07%	3.58%	4.08%	3.88%	3.75%	2.69%	2.66%
Return on Equity (ROE)	12.10%	12.38%	9.52%	10.08%	10.25%	10.09%	9.69%	9.38%	9.25%	9.22%	9.46%
Cash Return on Invested Capital (CROIC)	-37.86%	-26.55%	-17.39%	-6.35%	-0.68%	13.90%	45.39%	42.28%	33.87%	2.03%	-4.12%
Operating Return on Assets (OROA)	2.02%	2.05%	1.81%	1.72%	1.78%	1.77%	1.77%	1.74%	1.74%	1.75%	1.86%
Return on Assets (ROA)	1.45%	1.47%	1.18%	1.25%	1.29%	1.34%	1.33%	1.28%	1.28%	1.33%	1.38%
Return on Common Equity (ROCE)	12.10%	12.38%	9.52%	10.08%	10.25%	10.09%	9.69%	9.38%	9.25%	9.22%	9.46%
Return on Equity Simple (ROE_SIMPLE)	12.28%	12.25%	0.00%	10.10%	9.71%	9.03%	0.00%	9.12%	9.09%	8.99%	0.00%
Net Operating Profit after Tax (NOPAT)	56	58	49	49	50	51	51	51	51	53	55
NOPAT Margin	42.19%	42.04%	35.02%	38.40%	39.94%	40.51%	41.17%	40.34%	40.02%	40.90%	41.12%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	30.55%	30.50%	31.24%	34.44%	34.45%	35.44%	35.31%	35.10%	33.97%	33.78%	33.12%
Operating Expenses to Revenue	40.86%	39.99%	47.60%	47.22%	45.10%	46.53%	47.34%	46.69%	45.55%	45.56%	46.31%
Earnings before Interest and Taxes (EBIT)	78	81	75	67	69	68	68	70	69	69	74
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	86	91	47	74	74	79	43	78	77	77	49
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.85	1.11	1.28	1.14	1.10	1.12	1.37	1.12	1.19	1.13	1.11
Price to Tangible Book Value (P/TBV)	1.40	1.85	2.06	1.82	1.75	1.74	2.12	1.72	1.82	1.71	1.67
Price to Revenue (P/Rev)	2.99	3.83	4.87	4.45	4.41	4.77	5.96	4.98	5.31	5.10	4.94
Price to Earnings (P/E)	5.90	8.22	12.79	11.06	11.42	18.35	15.27	14.00	15.45	13.48	14.83
Dividend Yield	6.45%	5.16%	4.18%	4.68%	4.79%	4.53%	3.74%	4.47%	4.13%	4.28%	4.30%
Earnings Yield	16.95%	12.17%	7.82%	9.04%	8.76%	5.45%	6.55%	7.14%	6.47%	7.42%	6.74%
Enterprise Value to Invested Capital (EV/IC)	0.76	0.99	1.07	0.85	0.85	0.93	1.20	0.91	0.90	0.85	0.96
Enterprise Value to Revenue (EV/Rev)	5.26	5.86	8.62	6.89	6.72	5.58	7.07	5.46	5.62	5.41	6.10
Enterprise Value to EBITDA (EV/EBITDA)	9.04	10.24	14.95	12.38	12.43	10.53	13.15	9.83	10.22	9.95	11.20
Enterprise Value to EBIT (EV/EBIT)	8.62	9.74	14.95	12.31	12.20	10.38	13.08	10.01	10.32	9.92	11.17
Enterprise Value to NOPAT (EV/NOPAT)	12.22	13.82	21.30	17.50	17.31	14.53	17.67	13.49	13.87	13.32	15.03
Enterprise Value to Operating Cash Flow (EV/OCF)	9.77	10.40	15.96	12.17	14.96	12.89	14.20	12.80	11.72	10.88	14.21
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	6.45	2.12	1.76	2.28	42.61	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.97	0.71	1.13	1.09	0.98	0.41	0.35	0.35	0.40	0.42	0.43
Long-Term Debt to Equity	0.75	0.57	1.00	0.96	0.85	0.23	0.23	0.22	0.22	0.22	0.22
Financial Leverage	0.62	0.48	0.97	1.02	0.98	0.55	0.73	0.71	0.68	0.41	0.39
Leverage Ratio	8.35	8.42	8.07	8.03	7.93	7.55	7.31	7.35	7.25	6.94	6.87
Compound Leverage Factor	8.35	8.42	8.07	8.03	7.93	7.55	7.31	7.35	7.25	6.94	6.87
Debt to Total Capital	49.32%	41.59%	52.98%	52.11%	49.48%	28.93%	25.84%	25.83%	28.75%	29.42%	30.15%
Short-Term Debt to Total Capital	11.46%	8.07%	6.15%	6.33%	6.43%	12.76%	8.88%	9.19%	12.85%	13.96%	14.93%
Long-Term Debt to Total Capital	37.86%	33.52%	46.84%	45.78%	43.05%	16.17%	16.96%	16.64%	15.90%	15.46%	15.22%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	50.68%	58.41%	47.02%	47.89%	50.52%	71.07%	74.16%	74.17%	71.25%	70.58%	69.85%
Debt to EBITDA	5.86	4.30	7.42	7.62	7.25	3.27	2.82	2.78	3.27	3.46	3.53
Net Debt to EBITDA	3.91	3.55	6.50	4.39	4.26	1.52	2.06	0.87	0.56	0.56	2.14
Long-Term Debt to EBITDA	4.50	3.47	6.56	6.70	6.30	1.83	1.85	1.79	1.81	1.82	1.78
Debt to NOPAT	7.92	5.81	10.57	10.77	10.09	4.51	3.80	3.82	4.44	4.64	4.73
Net Debt to NOPAT	5.28	4.79	9.27	6.21	5.94	2.10	2.77	1.20	0.76	0.75	2.87
Long-Term Debt to NOPAT	6.08	4.68	9.35	9.47	8.78	2.52	2.49	2.46	2.45	2.44	2.39
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,408	-936	-862	-424	-182	300	1,522	1,404	1,087	-88	-283
Operating Cash Flow to CapEx	4,585.39%	15,978.91%	2,966.54%	46,671.08%	1,468.88%	5,880.89%	3,784.86%	6,167.60%	6,248.00%	9,753.83%	2,637.07%
Free Cash Flow to Firm to Interest Expense	-47.40	-28.50	-22.27	-9.37	-3.78	5.75	40.94	43.13	33.35	-2.56	-8.48
Operating Cash Flow to Interest Expense	3.10	2.58	1.26	1.71	0.54	1.37	2.01	1.29	1.63	2.36	1.35
Operating Cash Flow Less CapEx to Interest Expense	3.03	2.57	1.21	1.71	0.51	1.35	1.96	1.27	1.60	2.34	1.30
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.04	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Fixed Asset Turnover	12.34	12.27	11.98	12.05	11.90	12.79	13.89	14.30	14.40	16.07	19.07
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,949	3,341	4,420	4,358	4,181	3,092	2,948	3,005	3,144	3,233	3,286
Invested Capital Turnover	0.18	0.20	0.14	0.13	0.13	0.16	0.14	0.14	0.14	0.16	0.17
Increase / (Decrease) in Invested Capital	1,464	994	911	473	233	-249	-1,471	-1,353	-1,037	141	338
Enterprise Value (EV)	3,004	3,305	4,717	3,688	3,548	2,883	3,547	2,742	2,827	2,733	3,146
Market Capitalization	1,706	2,160	2,665	2,379	2,331	2,466	2,990	2,498	2,672	2,579	2,545
Book Value per Share	$14.37	$14.00	$14.91	$14.94	$15.13	$15.73	$15.65	$15.96	$16.26	$16.56	$16.78
Tangible Book Value per Share	$8.74	$8.39	$9.31	$9.36	$9.55	$10.17	$10.10	$10.41	$10.64	$10.95	$11.14
Total Capital	3,949	3,341	4,420	4,358	4,181	3,092	2,948	3,005	3,144	3,233	3,286
Total Debt	1,947	1,390	2,342	2,271	2,069	895	762	776	904	951	991
Total Long-Term Debt	1,495	1,120	2,070	1,995	1,800	500	500	500	500	500	500
Net Debt	1,299	1,145	2,052	1,308	1,217	417	557	244	155	154	601
Capital Expenditures (CapEx)	2.01	0.53	1.64	0.17	1.78	1.21	1.98	0.68	0.85	0.84	1.70
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	1,947	1,390	2,342	2,271	2,069	895	762	776	904	951	991
Total Depreciation and Amortization (D&A)	8.63	10	-28	7.23	5.09	11	-25	8.70	7.82	7.68	-25
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.40	$0.42	$0.35	$0.35	$0.36	$0.37	$0.36	$0.37	$0.37	$0.38	$0.40
Adjusted Weighted Average Basic Shares Outstanding	139.34M	139.34M	139.37M	139.64M	139.68M	139.68M	139.62M	137.80M	137.82M	136.81M	135.80M
Adjusted Diluted Earnings per Share	$0.40	$0.42	$0.35	$0.35	$0.36	$0.37	$0.36	$0.36	$0.37	$0.38	$0.41
Adjusted Weighted Average Diluted Shares Outstanding	139.34M	139.34M	139.37M	139.64M	139.68M	139.68M	139.62M	137.80M	137.82M	136.81M	135.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	139.34M	139.34M	139.37M	139.64M	139.68M	139.68M	139.62M	137.80M	137.82M	136.81M	135.80M
Normalized Net Operating Profit after Tax (NOPAT)	56	58	49	49	50	51	51	51	51	53	55
Normalized NOPAT Margin	42.19%	42.04%	35.02%	38.40%	39.94%	40.51%	41.17%	40.34%	40.02%	40.90%	41.12%
Pre Tax Income Margin	58.76%	58.56%	53.85%	52.78%	54.90%	53.47%	55.08%	54.89%	54.45%	53.67%	55.56%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.61	2.45	1.93	1.48	1.43	1.30	1.83	2.14	2.11	2.00	2.23
NOPAT to Interest Expense	1.88	1.76	1.25	1.07	1.04	0.98	1.37	1.57	1.55	1.52	1.65
EBIT Less CapEx to Interest Expense	2.55	2.44	1.88	1.47	1.39	1.27	1.78	2.11	2.08	1.97	2.18
NOPAT Less CapEx to Interest Expense	1.81	1.75	1.21	1.07	1.00	0.96	1.31	1.55	1.52	1.50	1.60
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	44.95%	46.75%	50.44%	52.96%	54.48%	56.34%	55.72%	54.98%	54.87%	54.32%	53.03%
Augmented Payout Ratio	55.90%	114.22%	60.02%	54.27%	55.82%	57.68%	57.12%	64.30%	75.22%	77.51%	91.79%

Financials Breakdown Chart

Key Financial Trends

Here are the key four-year trends for CVB Financial (CVBF) based on the quarterly statements provided. The focus is on notable changes in profitability, revenue mix, balance sheet strength, and cash flows.

Net income in CVBF’s continuing operations rose through 2025, culminating in Consolidated Net Income of about $55.0 million in Q4 2025 (vs. about $51.1 million in Q1 2025).
Total revenue showed a 2025 uptick, with Total Revenue reaching approximately $133.9 million in Q4 2025, higher than $126.7 million in Q1 2025 and $123.5 million in Q4 2024.
Net interest income remained a core driver of earnings and rose across 2025, reaching about $122.66 million in Q4 2025 (up from about $115.58 million in Q3 2025 and $111.61 million in Q2 2025).
CVBF continued returning cash to shareholders with quarterly dividends of $0.20 per share, a stable payout level through 2025.
Total equity remained solid and trended higher in 2025, with the ending December quarter showing about $2.28 billion in total common equity (approximately $2.24B in Q2 2025 and $2.09B in Q1 2025).
Total assets expanded in 2025, rising from roughly $15.26 billion in Q1 2025 to about $15.66 billion by Q3 2025, signaling growth in scale.
Trading account securities remained a substantial asset base (around $4.88 billion in Q3 2025), contributing to liquidity without obvious near-term impairment signals.
Provision for credit losses remained modest and variable but generally small across 2023–2025 (e.g., about -$2.5 million in Q4 2025 vs. a small positive provision in prior quarters), indicating manageable credit risk.
The liability base remains large relative to equity (approximately 85% of assets funded by liabilities in recent quarters), indicating a relatively high leverage level that investors should monitor as economic conditions change.
Per-share profitability metrics (Basic EPS around $0.37–$0.41 and Diluted EPS around $0.37–$0.41 in 2025) have held steady within a narrow band, consistent with a stable earnings backdrop.

05/07/26 12:29 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About CVB Financial's Financials

When does CVB Financial's financial year end?

According to the most recent income statement we have on file, CVB Financial's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has CVB Financial's net income changed over the last 10 years?

CVB Financial's net income appears to be on an upward trend, with a most recent value of $209.30 million in 2025, rising from $99.15 million in 2015. The previous period was $200.72 million in 2024. See CVB Financial's forecast for analyst expectations on whatâ€™s next for the company.

How has CVB Financial's revenue changed over the last 10 years?

Over the last 10 years, CVB Financial's total revenue changed from $286.43 million in 2015 to $515.46 million in 2025, a change of 80.0%.

How much debt does CVB Financial have?

CVB Financial's total liabilities were at $13.34 billion at the end of 2025, a 2.8% increase from 2024, and a 97.6% increase since 2015.

How much cash does CVB Financial have?

In the past 10 years, CVB Financial's cash and equivalents has ranged from $106.10 million in 2015 to $1.96 billion in 2020, and is currently $376.39 million as of their latest financial filing in 2025.

How has CVB Financial's book value per share changed over the last 10 years?

Over the last 10 years, CVB Financial's book value per share changed from 8.68 in 2015 to 16.78 in 2025, a change of 93.2%.

Related Companies

Financial statements for NASDAQ:CVBF last updated on 3/4/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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CVB Financial (CVBF) Financials

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CVB Financial (CVBF) Financials

Annual Income Statements for CVB Financial

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Quarterly Metrics And Ratios for CVB Financial

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